Madrid could announce a state of emergency today. A golden reopening. Beijing is back to work efforts week long holiday. Chinese equities and the yuan outperform. Very good morning to you. 6 00 a. M. In the city of london. Happy friday. Its one week since we learned the president of the United States tested positive for covid19. D. C. Politics is messy. We will talk about that a little bit later. We are 25 days away from the u. S. Election. Some optimism that we have had a bit of shift on stimulus in the white house. Nancy pelosi, Steven Mnuchin, are talking again, but many skeptical we will see support. The hope of that is moving markets this morning. S p 500 futures to the upside this morning alongside euro futures as well. Chinese equities outperforming. We are up more than 2 this morning, 1 00 p. M. In beijing. China is back to work after golden week. Its back with some good optimistic measures when you look at the equities space. The bloomberg dollar index lower against all of g10
Discussion this evening. Francine we are not brexit free, i have just been sparing you. We have actually been increasing the numbers of icu beds because people need them more. And brexit negotiations are ongoing. There is still the selfimposed deadline of october 15. ,om and i want to make clear the case dynamics in europe are extraordinary for the slopes of those curves are distressing. Its been an extraordinary thursday. Thank you to our team for an incredible news flow. It seems like we are doing the same thing today, we are waiting for washington to wake up and drive forward. Heres riddick group to with the first word news. With first word news. The Global Food Program was honored with the Nobel Peace Prize. They especially operate in conflict zones. To 100 millionse people in 88 countries last year. The white house is shifting its position in stimulus package, again. Steven mnuchin and told nancy pelosi that they want to in agreement on a largescale relief bill. Earlier this week
Back to an eight day holiday. They are putting much playing catchup. We have gains across the board. Shanghai is up 1. 6. These services pmi rising for a fifth month. The you on getting 6. 73 versus the dollar. This was stronger than expected. This is a weak dollar story. Some yen strength there. The bank of canada governors has negative Interest Rates remain an option. Courts seems like a lot of the action is in the shanghai markets here today given that robust reopening after the eight day holiday. We will speak exclusively to the Everest Medicine ceo. This is 27 right now in its debut in hong kong. The Trump Administration signaling that the administration is again leaning toward a largescale stimulus bill. That comes after nancy pelosi pushed back on the idea of peace for a. She is excepting refusing to accept help for airline without wider bill agreed. We want to help the airline workers. There is legislation that we had ed the cares act that we hope we could continue for the next
Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. The market is taking in a few things, european stocks dropping due to these new travel roles. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Israel and the united arab startes have decided to talks. The two sides will hold a range of talks in the coming weeks. In the meantime, israel has agreed to suspend its efforts to annex part of the west bank. Palestinian officials quickly criticize the move, calling it a betrayal. The u. S. Is adding france and netherlands and malta to its quarantined list. People now have to isolate for 14 days. It comes as the u. K. Has even more lockdown measures and even tougher penalties for ignoring social distancing rules. Fines for not wearing a mask will double to a maximum 3200 pounds. Lai kong media tycoon jimmy accusing china of arresting him on trumped up charges. Lai pushed back a
Recognize me of my tie was fixed, but ok. Just leave it this way. All right. David i dont consider myself a journalist. And nobody else would consider myself a journalist. I begin to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David we are here today with chuck schwab, one of the bestknown figures in the American Business world. Certainly has been so over the last several decades because of his ubiquitous face and his ad, but also one of the Great Companies he has built, one of the leading Financial Services companies in the united states. He has written a book, called invested by Charles Schwab, and i want to talk about that. Let me start by asking about something you made news with just recently. Your Company Announced you are not really just going to be a discount brokerage, you were going to give away brokerage for free. In other words, if i want to buy s